Axis Communications on Tuesday announced that is has acquired 2N, one of the world’s top providers of IP intercom technology, to help the further accelerate growth within the IP network camera market and cement its position as an industry leader.
In addition to being the number one player in the field of IP intercom, 2N also operates within other areas, such as IP audio and IP lift intercom. The company has well-established sales channels through electricians and telecom installers as well as lift manufacturers, which can serve as a complement to Axis’ present global sales channels, the company said in a statement. 2N will also benefit from Axis’ strong market positon and significant R&D resources.
“The acquisition supports our ambition to contribute to a smarter and safer world. There is an increased customer demand for integrated solutions with open standards that deliver enhanced security. Together with 2N we can meet that demand,” said Peter Lindström, vice president of new business at Axis Communications.
Lindström said the 2N brand will remain and that the company will operate as a subsidiary within the Axis group. The joint operations will concern knowledge sharing and assisting each other in R&D and market access, according to Lindström, who added that an important joint task between the two companies will be to accelerate the convergence from analog systems towards IP intercom and develop new opportunities.
“We plan for significant development and growth for Axis as well as for 2N. The market is growing, and by acquiring 2N we can continue to drive the change in the market,” concluded Lindström.
